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254 Bay Drive

254 Bay Drive, Key Largo, FL 33037
Property in Upper Keys
Sold Jun 07, 2021
$495,000
$420,750 by Newrez Llc
Mortgage Due Jul 01, 2051
Sold Jul 31, 2009
$240,000
$180,000 by Dba Nflp Lending Ltd
Mortgage Due Aug 01, 2039
Local assessors in Key Largo, FL have categorized 254 Bay Drive as a residential type of property. The home was built in 1984 and is 40 years old. It was most recently renovated and altered in 2014. The property's lot size has been calculated to be 7,056 square feet. The linear feet between the front and back of the lot was measured at 1,120 ft and the front of the lot was measured at 630 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 254 Bay Drive has a total of 1,496 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of metal. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Jun 4, 2021 for $495,000. That's $330.88 per sqft. Prior to that sales transaction, the property was also sold in Jul 27, 2009 for $240,000. 254 Bay Drive was last assessed in 2023. The total value of the property was assessed at $479,516. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,014. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,056
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 630
  • Total Building Area: 1,496
  • Gross Building Area: 1,496
  • Building Area: 1,496
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,496
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BUTTONWOOD SHORES ADD
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BK 1 LT 5 BUTTONWOOD SHORES ADDN KEY LARGO PB3-52 OR483-711 OR832-1462 OR910-349 OR932-1211 OR972-1017 OR1041-1027 OR1370-1172 OR2425-204 OR3103-1231

Ownership

  • Current Owner : MCCOY SAMANTHA
  • Current Owner 2: PEREZ CARLOS IVAN
  • Previous Owner : BEAN PAUL
  • Previous Owner 2: BEAN NANCY L
  • Owner Before Previous Owner: BOYCE NEIL R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 970500

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 24-28
  • Account Number: 1642321
  • Parcel: 00523060-000000
  • Block: 1
  • Lot: 5
  • Meridian: SEC 28 TWN 61S RNG 39E
  • Municipality: KEY LARGO FROM SOUTH BAY HARBO
  • Latitude: 25.0968
  • Longitude: -80.4407

    Address

  • Full Address: 254 Bay Dr
  • Address - House Number: 254
  • Address - Street Name: Bay
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Key Largo
  • Carrier Code: R013
  • 4-Digit Zip Code: 2434
  • Zip Code: 33037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,014
  • Tax Rate Code Area: 500K

    Appraisal Valuation

  • Standard Deviation: 0.2598
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 63
  • Final Value: 764,177
  • High Value: 962,731
  • Low Value: 565,623

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,750
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Jun 07, 2021
  • First Open Lien Mortgage Loan Amount: $420,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $486,618
  • Market Land Value: $254,016
  • Market Improvement Value: $232,602

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $479,516

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Transaction ID: 11840272080
  • Current Sale Price: $495,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2323796
  • Previous Sale Recording Date: Jul 31, 2009
  • Previous Sale Contract Date: Jul 27, 2009
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Jun 07, 2021
  • First Mortgage Loan Amount: $420,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: DBA NFLP LENDING LTD
  • Previous Mortgage Transaction Date: Jul 31, 2009
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Aug 01, 2039

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Frequently Asked Questions

What neighborhood is 254 Bay Drive located in?
The 254 Bay Drive is a located in the neighborhood of Upper Keys in Key Largo, Key Largo.
What is the average sales price for listings in 254 Bay Drive?
The average sales price for units in 254 Bay Drive is $0 currently.

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